Sony jacking up PlayStation 5 prices for 2nd time in less than a year — here’s how much it will cost you

Source: New York Post

Sony Group is raising global prices of its PlayStation 5 consoles, including a $100 increase in the US, marking its second hike in less than a year as the Japanese firm grapples with rising costs of key components such as memory chips. The tech industry’s race to build out artificial intelligence infrastructure has pushed memory makers to favor higher-margin data-center chips, tightening supply for consumer devices. ‌ The updated US prices, effective April 2, will put the standard PS5 at $649.